LOS ANGELES, November 23, 2021 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has completed a majority-control, growth investment in ImagineSoftware, a leading provider of medical billing automation software and revenue cycle management applications. The company’s end-to-end billings workflow software platform facilitates the charge capture and coding of claims, claim submissions to payers, management of denials, patient collections, and the monitoring and reconciling of payments and accounts receivables.
“We are proud of the leading platform and dynamic, entrepreneurial culture we have built at Imagine and are eager to capture the significant market opportunity ahead of us,” said Sam Khashman, Founder and CEO of ImagineSoftware. “We are excited to partner with Marlin for the next phase of our evolution and growth, and with their support, remain focused on preserving our recognition as an industry leader in developing software capabilities that streamline the medical billing process for our clients and their patients.”
“The ImagineSoftware team has built a strong reputation as a revenue cycle management platform of choice for both small and large hospital-based providers,” said Alex Beregovsky, a managing director at Marlin. “ImagineSoftware brings the right blend of innovative technology and subject-matter expertise to simplify the ecosystem and drive efficiency for providers and billing companies. Our partnership will support investments in key areas, while enabling the company to maintain its commitment to innovation and client success.”
Financial details of the transaction have not been disclosed. TripleTree, LLC acted as exclusive financial advisor to Marlin. Robert W. Baird & Co. served as exclusive financial advisor to ImagineSoftware.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.7 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 190 acquisitions. The firm is headquartered in Los Angeles, California, with an additional office in London. For more information, please visit www.marlinequity.com.
About ImagineSoftwareTM
ImagineSoftware, is a leading provider of medical billing automation software and revenue cycle management applications. Offering powerful technology solutions for medical billing offices, practices and hospitals for over 20 years, ImagineSoftware’s solutions improve financial efficiency, build provider reputation and ultimately improve the patient experience. For more information, visit www.imagineteam.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via e-mail at pspasov@marlinequity.com.